Global External Defibrillators Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Manual External Defibrillator, Automated External Defibrillator (AED) and Wearable Cardioverter Defibrillator (WCD).

By End User;

Hospitals, Prehospitals, Public Access Market, Alternative Care Market and Home.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn625102205 Published Date: May, 2024 Updated Date: June, 2024


Global External Defibrillators Market (USD Million), 2020 - 2030

In the year 2023, the Global External Defibrillators Market was valued at USD 10,772.72 million. The size of this market is expected to increase to USD 19,143.18 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.

The global external defibrillators market is witnessing robust growth driven by a myriad of factors. Cardiovascular diseases remain a leading cause of mortality worldwide, compelling the healthcare sector to invest in advanced technologies to combat these ailments effectively. With an aging population and lifestyle changes contributing to the increasing prevalence of heart-related conditions, the demand for external defibrillators continues to escalate. These devices play a pivotal role in delivering life-saving interventions during sudden cardiac arrests, both within healthcare facilities and in public settings.

Technological advancements are revolutionizing the landscape of external defibrillators, making them more user-friendly, portable, and efficient. Innovations such as automated external defibrillators (AEDs) with intuitive interfaces and enhanced connectivity features are expanding the accessibility of these devices, empowering both healthcare professionals and laypersons to respond swiftly to cardiac emergencies. Government initiatives and regulations mandating the installation of AEDs in public spaces and promoting public access defibrillation (PAD) programs are driving market growth. These initiatives underscore the importance of timely defibrillation in saving lives and are instrumental in increasing the adoption of external defibrillators across various sectors.

Despite the promising trajectory of the external defibrillators market, certain challenges persist. The high initial cost of devices remains a significant barrier, particularly in regions with constrained healthcare budgets. Moreover, limited awareness about the importance of defibrillators and inadequate training in CPR and AED usage pose challenges to widespread adoption. Safety concerns and instances of product recalls further underscore the need for stringent quality control measures and comprehensive training programs to ensure the effective deployment of defibrillator devices.

Amidst these challenges lie immense opportunities for market expansion. Emerging markets present untapped potential for manufacturers, with improving healthcare infrastructure and growing awareness about cardiac health driving demand for external defibrillators. The integration of defibrillators with telemedicine platforms and remote monitoring systems opens new avenues for enhancing patient care and monitoring cardiac events remotely. The focus on developing defibrillator solutions tailored for home healthcare settings aligns with the growing trend towards personalized, patient-centric care, offering opportunities for innovation and market growth in the burgeoning home healthcare segment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global External Defibrillators Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Government Initiatives and Regulations
        3. Increasing Aging Population
      2. Restraints
        1. High Cost of Devices
        2. Limited Awareness and Training
        3. Product Recalls and Safety Concerns
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Telemedicine and Remote Monitoring
        3. Focus on Home Healthcare
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global External Defibrillators Market, By Product Type, 2020- 2030(USD Million)
      1. Manual External Defibrillator
      2. Automated External Defibrillator (AED)
      3. Wearable Cardioverter Defibrillator (WCD)
    2. Global External Defibrillators Market, By End User, 2020- 2030(USD Million)
      1. Hospitals
      2. Prehospitals
      3. Public Access Market
      4. Alternative Care Market
      5. Home
    3. Global External Defibrillators Market, By Geography, 2020- 2030(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nihon Kohden Corporation
      2. Cardiac Science Corporation
      3. Koninklijke Phillips N.V. (Phillips Healthcare)
      4. Heartsine Technologies LLC
      5. Zoll Medical Coorporation
      6. Mindary Medical International Limited
      7. Defibtech, LLC
      8. Physio-Control, INC
      9. Geneal Electric Company (GE Healthcare )
      10. Schiler AG
  7. Analyst Views
  8. Future Outlook of the Market